By Income Group
The Korean government is consistently increasing the share of its development assistance to the least developed countries (LDCs) and lower-middle-income countries (LMICs), while reducing its aid to upper-middle-income countries (UMICs). Korea’s policy for 2016-2020 is to maintain the structure of income-based ODA allocation that is similar to the current one, but to focus on providing more ODA in the form of grants to LDCs.
In 2018, LDCs (35.7%), other low-income countries (0.1%), and LMICs (36.7%) received 72.5% of Korea’s ODA. Meanwhile, 9.7% of aid was provided to UMICs following a 1.7% increase from 2017, in line with the government’s efforts to implement its aid allocation policy.
|Least developed countries||161.02||333.26||346.73||417.00||515.31||542.00||580.13||577.71||587.72||642.30|
|Other low-income countries||5.82||7.25||10.82||10.91||8.72||8.61||9.27||10.37||12.83||1.29|
|Lower-middle income countries||222.30||354.81||366.58||472.51||502.40||485.79||529.95||540.05||592.55||660.32|
|Upper-middle income countries||93.41||111.17||120.93||107.56||101.76||140.09||109.74||135.00||128.68||173.43|